logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
16 Photos
icon
icon icon
818 S Gretna Green Way
USD 21,000,000
Property ID: 25541523
icon
818 S Gretna Green Way ,90049
icon --
icon 19942 SqFt
icon Built in 1969
icon USD 1053/SqFt
icon 54 Beds
icon 67 Full
icon --
icon --
icon
icon
Location
icon
icon Direction
Interior Details
Bedrooms
54
Bathrooms
67
Interior Size
46560
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1969
See more icon
Detailed Introduction Of This Home
A luxury 27-unit multifamily asset, 818 Gretna Green Way presents a generational opportunity to acquire spacious, premium units in an irreplaceable 'A+' location. Ownership has meticulously maintained the property, updating and adding in-unit washer and dryers. Generously-sized apartments average nearly 1600 square feet and feature large balconies, central heat/air and secure perimeter entry and parking. Current rents average$2.82 per square foot leaving significant update of approximately 33% on the table for a buyer to realize. The property is separately metered for gas and electricity and a buyer would be wise to implement RUBS billing on landlord-paid utilities moving forward. Due to a Luxury Housing Accommodation related to significant capital improvements,13 units-or about half of the total-are exempt from Los Angeles City Rent Control. Subject only to California State AB1482, these units offer ownership greater control over tenancy and the ability to increase rents annually at nearly 9%.818 Gretna Green Way is situated in a prime area of Brentwood, adjacent to the renowned Brentwood Country Club and 100 feet away from the Sunday Brentwood Farmers Market. Brentwood enjoys a long-standing reputation as one of Los Angeles' most affluent and desirable residential areas. This area has evolved into an elegant and understated neighborhood known for its spacious homes, tree-lined streets, and well maintained parks. It has attracted a discerning population, including many celebrities and professionals seeking a tranquil yet conveniently located environment. Institutions like the Brentwood Country Club and the proximity to cultural landmarks such as the Getty Center further enhance its prestige. While it has experienced moments of notoriety, the overall reputation of Brentwood remains one of quiet affluence, offering ahigh quality of life with a strong sense of community. The walkability of the neighborhood around 818 Gretna Green Way is a significant factor in it's desirability to renters. This makes it easy to access the numerous upscale boutiques, trendy shops, and essential amenities that line nearby San Vicente Boulevard.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
12 Whitewood Way
12 Whitewood Way
icon 12 Whitewood Way
2880 SqFt  / 3 Beds  / 3 Full Bas
USD 1,500,000
35218 Fir Avenue #200
35218 Fir Avenue #200
icon 35218 Fir Avenue #200
0 SqFt  / 2 Beds  / 2 Full Bas
USD 179,900
164 Avenida Orontes
164 Avenida Orontes
icon 164 Avenida Orontes
0 SqFt  / 2 Beds  / 2 Full Bas
USD 228,900
5215 Parkglen Avenue
5215 Parkglen Avenue
icon 5215 Parkglen Avenue
5642 SqFt  / 3 Beds  / 3 Full Bas
USD 1,499,000
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 16
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (16)
icon
icon
banner
818 S Gretna Green Way
USD 21,000,000 54 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.world
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.world’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder